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If you don't have all your shit in a credit union by now, you kinda asking for it NGL.
>>54008459>>54008470I have like $10k in the bank and $400k in shitcoins is that safe?
>>54008501the FDIC insures your bank account up to 250,000USD. as long as you have less than that in your savings you'll be reimbursed if your bank fails.
>>54008470>>54008501A chart like that is pretty indicative that hard assets are the only safe haven at this point
>>54008515>believing this shit unironically
>>54008470>>54008501Silvergate was really small and only had a few clients, the problem is credit suisse they been hiding something there since mid last year.Biz knows but nobody knows what they are hiding.Except that the fed quietly started to pump money to Switzerland last year.Report is delayed by the SEC.It's so bad they don't know how to break it to the public.China is about to fucking destroy our economy before we even go to war.US banks are not the safe haven they used to be.We are so fucking fucked.
>>54008515does the FDIC insure against a bail-in?
>>54008527i made the post on pol of the first 3 lines, but not the second part.The Credit Suisse thing is weird because they started to give them liquidity under the radar last year.But nobody knows what the fuck broke there
>>54008515>FDIC the naitivity of you newfags
I have 100k in wealth front. 40k in wells Fargo. 150k in vanguard. What am I supposed to do request a bunch of 100 dollar bills? Legitimately don't know if I believe FDIC 250K
>>54008459I smoke dicks
>>54008527China isn't looking strong either. Honestly we should just nuke them.Get them out of the equation fast.
>>54008524this. I researched insurance after I learned how little money actually exists for clients. In the case of something like Coinbase Institutional, there is like $100 million on hand for billions and billions in assets. If these banks go belly up, no one is getting paid what they're owed
>>54008459Inciting a bank-run is illegal anon.
>>54008524they've been doing it since 1933. their reimbursement fund is made up of insurance dues from the 5,526 banks it insures. if the fund is exhausted they will borrow from the federal government to make up the difference. it only did this once, in 1990 and fully repaid its debt to the government in 3 years. >since 1933 no FDIC insured account holder has lost a single penny of their deposits. It may well be the most successful government program in US history.
>>54008553>China isn't looking strong either.china has never looked good.
>>54008567It's the 1772 Credit Crisis all over again, no-one gives a FUCK about your views on bank runs are.
>>54008589I was being sarcastic, I don’t put any money in banks.
>>54008572The FDIC will pay out all right, in CBDC.
>>54008596I see, good sir. Carry on.
>>54008515get the fuck out of here, you misinfo-spreading plebbitor
>>54008576yup, they have been covering up evergrande, that's still a big big thing.Dying populace, covid is absolutely fucking them. Younger generation wants no part of the job market, isn't interested in working over 90 hours a week.The older generation are on the way out.Yeah China is in no spot to fling shit, they've been stagnating for a while.Hopefully it just gets so bad between them and the jeets that they take care of it on their end.
>>54008600This is it. This is how theyre gonna make everyone go digital currency. "Paying back" what was lost. Theyre fucking genius
>>54008602You too anon, I tip my hat to you. Also fuck Jews.
>>54008524If you don't think the banks with insurance with a direct line to the Fed will be fine than everything is worth zero at that point anyways
>>54008515lmao imagine believing that banks have enough money to cover your asses. It has repeatedly happened time and time again, banks do not have money.
This makes me happy that I have so many hard assets, paid off debt and moved to a credit union. I bought food and water to last years and my own well. If it wasn't for the golden nuggets on this board I would never have put two and two together.
So much doom and gloom shitposting all week. I wonder who is behind this?
>>54008632When Russia defaulted in the 90's they had the same protections on deposits. The government still continues to extend the deadline every few years hoping people will die and forget so they don't have to pay up. If you don't think the US government will do the exact same you're a retard. Just take money out any buy actual goods and commodities with it, those aren't going to zero.
>>54008515ouch you didn't get the FDIC memo/leak? FDIC says you are fucked anyway and niggas getting bai led in.
>>54008672>moved to a credit unionWhy is a credit union safer than a bank?
>>54008600Checked. Makes sense.
>>54008690They have significantly less debt allocated towards them so they are less inclined to go under during a depression. Meanwhile banks were made to fail.
>>54008636It's irrelevant if the bank cannot cover you, you are FDIC insured. The government literally has to print money and restore your account value if it comes to it.
>>54008636>>54008682>>54008524>>54008535>>54008544Are you guys actually this young or just pretending to be retarded?
>>54008800>has tois this enforced by smart contract, or...
My bank isn't on that list.What do I do?
>>54008789Thanks.
>>54008808https://www.fdic.gov/resources/consumers/consumer-news/2022-08.htmlHow fucking stupid are you kids?
>>54008806HELLO GLOWIE
>>54008806>>54008825your maturity level isn't high enough for this conversation
>>54008789How do I pick a good credit union?
>>54008806>TRUST THE EXPERTS!!!!
>>54008837I believe regional are mostly safe but nationwide credit unions like Navy Federal are really good. In Florida I used to have Suncoast Credit Union which is just an example of a regional credit union but almost all credit unions are better than the best banks.
>>54008806What % of accounts can FDIC cover? After 08 congress made it so the FDIC has to cover bank derivatives, but did not increase FDIC funds.
>>54008806The future is now old man.https://www.youtube.com/watch?v=sdxTuc-GLMI
>>54008527they're holding Achegos's bags, yet-to-be closed shorts and that sort of stuff.
>>54008681You mean when the entire fucking country had just dissolved? Lmao
What's the fastest way to transfer funds between banks? Wire?
>>54008934Most banks allow you to digitally transfer once you give the other routing number access to your separate banking institution.
>shitcoin bank folds>Omg the system is collapsing
>>54009003Isn't this an ACH transfer? These take a few days to settle.
>>54009029Mine does it instantly between wells fargo and nfcu so I guess it depends on the bank policies
>>54009023That was two days ago, a venture capital for tech went under today. Its dragging the big guys. Since the FDIC memo was months ago, many other banks are probably under and we don't know it yet. Crypto was always the excuse.
>>54009101Tech startup bank was always at higher risk. It won’t effect the big boys to the point they default.
>>54008459crypto will collapse way sooner than any legacy bank incelenjoy your role as a Chainlink Community Advocate in the meantime
>>54008459>my bank's not on therewew
>>54008550Lol… what a dumbass… take out half at least and buy gold. Sure you’ll get your money back but it’ll be worthless
>>54008674These abstract merchants keep getting better and better.
>>54008892Unironically GME. Those fucking schizos called the collapse early in 2021.
This thread is insane. Anons calmly pointing out obvious facts about the current state of banks and glowies/shills desperately doing damage control.
>>54008600holy shit its genius
>>54008825Where do you think the money's gonna come from? The fdic literally doesn't have it. Either the Fed would have to print even more money than they did during covid leading to way worse inflation or the average bank account holder gets the finger.
>>54009191That means shit is more fucked than is currently public knowledge. Get out now.
>>54008459are japanese banks safe?
>Dont buy BBBY thats a bankrupt project !>Take a look at GME, buy that instead !>Dont Buy Shib>Buy Dogfuckcoininuexewgmi token
>>54009217They will, inevitably. And it’ll buy us another year 3-4 years.
>>54009313yes nip banks are pretty much safe from the western clown world contagion from what i understand
Since the creation of the FDIC, there have been many, many bank failures. Not one depositor has ever lost any money in those failures. If shit hits the fan so badly that the FDIC can't cover it, then it means you've got problems so big that fiat won't help you anyway.
>>54009395the fdic has never existed during a 1929-style collapse, and the reserve requirements of the fdic have only moved in one direction (towards zero percent) the entire time its existed
>>54008600Don’t blame them for pushing it, you crypto loving idiots are the reason the concept even exists. When they learned they couldn’t make all people hate it through social pressure alone they adopted it for their own personal use and since they have government backing theirs is actually worth something unlike your animal meme tokens.
>>54009064Nitpicking here, but that's your bank/credit union lending you the money on good faith that the actual amount will settle. ACH still takes 3-5 days.XRP fixes this issue.>>54008934Wire is the fastest banks currently offer.
>>54008862I live in Florida I'll check them out.My current bank is discover but I don't see them on OPs list
>>54009438OK then, let's be doomcels, feverishly imagine totally historically-unprecedented scenarios, and take all of our money out of the banks on the off chance that our retard anti-fantasy will come true.
>>54008862Tbh never had a problem with my banks. Are you in navy federal now?
>>54009508>historically unprecedented uh it happened in 1929 retard, that was less than a century ago.
>>54009513I am but I'm also active duty so it makes more sense for me because they have some benefits for us. But any credit union is better than a bank
>>54009527yes, in 1929, when society and the financial system were 100 years less advanced than what they are now. I'm not saying that disaster isn't coming, because it may be, but it's not going to play out in some predictable, expected way that can be planned for. I've been listening to doomtards mumbling about bank runs and financial collapse for literal decades now and TWO MORE WEEKS never comes. Not even during the chaos of 2008.
/pmg/ was right again
>>54008543>>54008543>The Credit Suisse thing is weird because they started to give them liquidity under the radar last year.It is public though. It was Saudi National Bank (at the behest of the United States?)
>>54009591you're not wrong however, we are starting to see the system buckling.
>>54009395There's a video floating around where the FDIC is wargaming a crisis last year and they admitted they don't have the funds to cover deposited losses.
>>54008459>DUDE EVERGRAND>DUDE SVB>BANKS ARE FUCKED!!!! WITHDRAW YOUR MONEY>BANKS ARE ABOUT O COLLAPSEnothing will happen
>>54008681If you think that the equivalent of the fall of the Soviet Union is happening then it's concerning you're playing with moneys when you should be in a psychatric unit
>>54009532I don't think I can join. Im non military nor military family
>>54009626There were also CHF/USD swaps a while back.
>>54008885>BOOM GOES THE DYNAMITE!
>>54008553>China isn't looking strong either. Honestly we should just nuke them.they have nukes too including nuclear armed subs.
>>54009191Nah, it's just empty babble by retarded wanna be woke poltards. This is a literal nothingburger. A fucking venture capital bank, even if totally insolvent, doesnt mean anything, the bank itself was overvalued for what it was and the panic selling sets in, as no CFO wants to be the one that mismanaged funds and have that stain on their employment record for the rest of their career. This is not a systemic shock, no toxic collateral, nothing . The FED will provide some liquidity and all will be well and this Silicuck valley bank will be bought out by Goldman Sachs for pennies on the dollar because the only issue is that they have braindead execs who dont know how to fucking talk to the public. But keep pretending that there are "intelligent" anons here calmly pointing out "muh facts" about how everything is fake but crypto ponzis are real. I hate polniggers like you, who think that youre so woke and aloof about the state of things
>>54008882so they will increase FDIC funds to cover it duh
Imagine naming your bank zion. Lol. Lmfao even
>>54009174Still calling it, GME is the thread that's gonna unravel the whole sweater.>t. DRS'd since August '21, buying more today
>>54010901based hopium dealer
>>54009598We’re never wrong, just early
>>54008501>400k in shitcoinssuuure, if youre not planning to cash them out somehow!
>>54008459i guess the increasing rate of homeless americans are prostituting themselves for food now just to survive
>>54008459>buy signalthanks, anon
>>54008459Is everyone on here 16?
>>54011310I'm about as rich as I was when I was 16 ever since Biden took office
>>54011327based
>>54011327Trump shill detected.Biden is bandaiding over trump's money creation and wreck less spend.
>>54011310they're likely 26 and still this retarded. big bank stocks have always been shit. that's why they're always too big to fail. other smaller banks just survive off an accumulation of mergers
>>54008459Got my money in crypto and using railway wallet. Stay off anon.
>>54008527OK, Doomer
>>54009157OK, Peter
>>54008515FDIC is about to go bye bye retardIt never meant anything anyway. Straight up ponzi scheme
>>54011386This retardation is palpable
Meanwhile AMEX with HYSA at 3.5% APR just raised its dividend 15%.
>>54008459Why? If FDIC fails, our economy is fucked and money is the least of your concerns.
>>54008459Thank fuck my wealth is stored cum rocket doggystyle inu pregnant butt.
>>54009451>cryptotards invented technological centralization
>>54009795The US is literally on the verge of balkanizing kek
>>54010901>the bank itself was overvalued for what it wasunlike any other bank of course
>>54008470Credit unions just have accounts in regular banks
>>54009451>you crypto loving idiots are the reason the concept even existsUh, crypto was a test run for cbdc.Manufacturing consent, etc.
>>54010928clown emoji
>>54008518If these puds can't stand a 5% correction from time to time they best use their money for something else.
>>54008459Should i move my funds into Chime?
I have half of my wealth in DBI, the rest in XMR.Will I have any money in a few weeks?
>>54008674This, what the fuck is happening? They actually want us to believe the world's ending.
>>54012218who?
>>54012490the jew
I will just do what my mom did in 2008. Not look at my finances for several years until it all grows back.
>>54008806Popular finance is so intertwined with politics that everything is some schizo conspiracy by either the fed or the capitalists. It's an easy way to pretend you're an expert without actually having to learn things like stock valuation or how a bank works since you can just call everyone who disagrees with you a shill, capitalist, jew, etc. Unironically don't waste your time talking to normies (including /biz/) about finance.
>>54008459you know some central place controls the price of these banks with a button right?
>>54012682Yeah, this feels like some wagging the dog shit desu senpai
>>54012113Think Bigger
muh fucking coronavirus bank run, not listening this time
>>54008572I’ve always wondered, so millionaires have to keep like ten different bank accounts to keep all their money insured?
>>54008515What they dont tell you is that we are headed into a hyperinflation and that 250k will be worth in a couple of years what 250 dollars is worth now.
>>54008515>the FDIC insures your bank account up to 250,000USD> you'll be reimbursed if your bank fails.fucking absolute retard, that's only if one single bank fails
>>54008515oh sweet summer child lol
>>54012803Buy bitcoin.
>>54008515why do all boomers take this at face value and for granted
Just withdrawed and put it all in DBI. Thank you based anon.
>>54013036Or....Maybe what they are buying.
>>54008600100% thisit's so fucking over
>>54008600Bingo
>>54009217>Where do you think the money's gonna come from?They print it. The money can come from literally nowhere. They have to do it because if they don't the entire global banking system would dissolve overnight. The sole reason anyone puts their money in a bank is FDIC. Trillions of dollars. Failing to honor that even one time completely undermines the whole banking system.So if FDIC doesn't pull through, you can basically kiss industrialized civilization as you know it goodbye.
>>54008459Sauce on the name of the chart's software or website that we see in the picplz
>>54008515You forgot to post your le epic leddit cat.
>>54008459banks are for poor people. I have like a couple grand in my account to pay my credit card bill every month.
>>54012803>pay off my house with an hour's payawesome
>>54012803money supply went x2 since 2015 and is now shrinking.This is why bank have issues.Can you stop being retarded?worst scenario prices go up 80%, and that's not realistic.
>>54008459HOW IS IT THAT FUCKING MEMECOINS HAVE MORE STABILITY THAN THE WHOLE STOCK MARKET?(VINU, DOGE, SHIB) How are these pieces of shit much more stable than real stocks bros
>>54008515Bruh. $250k ain't shit when the dollar ain't worth shit.
>>54011615So is the dollar.
So will US citizens face any problems because of this?Also does this bank only give money to companies?And why is this happening?
>>54008515lol
>>54008459if you've been here more than 2 weeks you realize there are some dedicated groups who come on here and post in a coordinated way. what's the catalyst that suddenly every mongolian basket weaver at the exact same instantly decides >lets doompost this is finally it we must warn the people!just bought
>>54013637>>54009217>>54008825>>54008800>>54008636>>54008515Yet we have 2 scenarios:Feds print>Customers get money>Customer gives banks the finger>Customer only can store it at home>Or on a system, deliberately designed to fuck banks, the BTC>Banks go belly up nonetheless>Banks buy 1 year to change their systems thin out their systems through smart contracts.Feds don't print:>Customers money goes to 0>People without income now completely homeless>Banks have no time to rework their structure, go completely broke>Tech companies lay off people, since CS is invested in literally everything>Customers with income now completely fed up with banks>Store money at home or again, the BTCSo either way, the BTC is at the moment the safest bet still?
>>54014287>HOW IS IT THAT FUCKING MEMECOINS HAVE MORE STABILITY THAN THE WHOLE STOCK MARKET?hedge funds aren't investing in them
>>54008515Dude money is fucking fake
>>54008515That's for jews only
>>54008515Let me share an old joke from Weimar Germany.>I'd like to deposit 100,000 Reichsmark with you. Is it safe?Of course, Mister. It's insured by our banking association.>And if the banking association fails?Then the Reich government will pay for it.>And if the government fails?Well, that should be worth 100,000 Reichsmark to you.Enjoy the show.
>>54008600
some banks will survive kek
kek I let my account go negative months agolet it sneed
>>54008515HAHAHAHAHHAHAHA
>>54008527post proof or stfu
>>54014730I just ask people to show their statements and low and behold none of the people posting that shit actually trade anything.
>>54008527>China is about to fucking destroy our economy before we even go to war.Why shouldn't they? The US is on the path to directly confront them otherwise
>>54013637russia wins, nigger
>>54008459Nothing will happen. Life will go on. You will continue to slave away for your masters. Society will not collapse and you will never be free from the system.
>>54008459Meh. The gov ensures me that the FDIC will cover me if something happens.
>>54015979Oh dear god
>>54008459Woah all banks in the red? Couldn't be...
bullish for btc
>>54008459>46.34%
>>54014273this
>>54016038this guy gets itsome are green
>>54011386Biden continued the spending of Trump, who was continuing the spending of Obama, who continued the spending of Bush, who continued...gee it's almost as if the D or R next to a politician's name is meaningless and both sides are contributing to the unnecessary bloat of the federal government.If time traveling is possible, FDR is the first one that has to go.
BUY BITCOIN NOW>BUY BITCOIN NOWBUY BITCOIN NOW>BUY BITCOIN NOWBUY BITCOIN NOW>BUY BITCOIN NOW>>54015979THE FDIC DOESNT HAVE THE FUNDS TO COVER SVB. THE ENTIRE SYSTEM IS COLLAPSING. BUY BITCOIN NOW
>>54014774You forgot riot and kill all politicians under >Feds don't print:
>>54011386I don't remember Trump pushing multiple trillion dollar climate change bills
>>54008459Too late, spent it on satin ballerina shoes.
>>54017230>FDIC, which fully covered IndyMac, WaMu, and Ally deposits, doesn't have money to cover SVB which isn't even a top 40 bankShut up, dumb nigger.
If my bank fails I think we’ll have much bigger problems so I’m not worried. No it’s not one of the big 3 either
>>54008459>Zions bancorporation
>>54017407your maturity level isn't high enough for this conversation
>>54012757millionares aren't retards like you who keep all their money in cash
>>54008459not my problem.>>54008470based.
>>54008459All this fake fearmongering intentionally trying to create public hysteria and tank markets should be considered illegal market tampering.
>>54008515
>>54013057These boomers still think the Industrial Medical Complex cares about their health.
>>54017869>2nd largest bank failure in U.S. history>fake fearmongering
>>54014519The US Government is fucking over the American people with its corrupt economic policy. Not some small "Silicon Valley Bank".This is literally a campaign to redirect blame from Biden admin & Powell & Yellen and put it instead on some random shakedown so the elites can save face.
>>54008515You just stole that from Heat you retard
>>54017941>Second Largest Bank failureAn actually fake statistic.
LINK chads, is this our time?
>>54008515They have 99 years to reimburse you though.
>>54008459
>>54017980i see
>>54018026time to provide more exit liquidity for sir gay
>>54008600Kek those kikes are always like 10 steps ahead of us
Jokes on you. I live paycheque to paycheque.
bros...I work in invest sales...how fucked am I?
>>54011616Someone needs to update this. specially after the fed raises rates again next week. He really is destroying the free market and middle class.
>>54018587>How fucked am I?Just get a new job???Wagie cant even figure this one out
>>54008515A lot of people trying to act like the us government won't print infinity dollars to maintain fdic insurance.
Thanks for heads up just moved my bank account to tether. They are much safer.
>>54018667>PE client just cancelled our meeting today "due to current events"guess I should just throw my "looking for work" flag up on linkedin and brush up my resume at this point
>>54015589Heh
What was the banking industry short etf?
>>54008543I'm thinking it was the threat of more interest rate increases causing investor panic. Silicon valley's wealth purely exists from cheap debt. They need it to fuel their ridiculous projects, lavish headquarters and diversity hiring. Signaling further rate increases caused many to pull out investments this week, leading to this spiral.
>>54018926
>>54018858Yes.
>>54008459Priced in. Its all gay and boring nothingburgers from here on out till we all die a horrible death from the thermonuclear exchange
>>54018942You can just look at tech companies financial statements and see why they're so wealthy. Cashflow generation is insane. The shit that is overvalued are the unproven growth stocks yet to hit that point.
>>54018988Yeah it's a venture capital bank failing, overextended during the tech boom in 2021 and it's now paying the price. Didn't realize big tech stocks had such good cash flow desu, how do they make their money? Ads and selling people's data?
>>54018026two more weeks, i can feel it this time
>>54019053>Didn't realize big tech stocks had such good cash flow desu, how do they make their money? Ads and selling people's data?Huh are you serious? Bro you need to read up on some basic of basics..Tech scales insanely. To put it simply:Company A sells oil:A barrel of oil may gross for $80 but it has $40 of input cost for each marginal unit.Company B sells software:Each license of software sells for $100 at a marginal cost of essentially $0
>>54008515>the FDIC insures your bank account up to 250,000USD
does he have a point?
>>54008459Thanks, just deposited 10k to my bank
>>54008882FDIC coverage is a non issue for the average american because if there was a run on pleb consumer banks the gov/fed would just bail out the bank. Then everyone loses because of inflation, but there you go
>>54019466yeah anything still sucking the "silicon valley" cock is going to be a flaming shitpile
>>54008515by the time you get your money out its worthless
>>54008550Take all the money out and buy magic the gathering cards. It's the only safe investment
>>54019981Based.
>>54019981what about pokemon cards?
>>54008515FDIC can't cover everyone's deposit if the entire banking system melts downpic related, hurr just go into debt of additional 100% of US GDP
>>54019904ok but the important question is what % are owned by tribe members
I just buyed an oz of gold
banking apps are sending out calming notifications now lol, this better just be doomer meme psyop because otherwise I'm fucked
>>54020525>overpaying for your PM
>>54008501Those shitcoins are going to zero.
>>54020582You are fucked simply because you believe everything is a maymay psyop. Good luck to ya bro.
>>54020525>Canadian gold5$ says it's not actually gold all the way through
>>54020582nothing ever happens, you're safe fren
>>54010901You're a fucking retard who denies that anti-racists leaning to blacks didn't cause the 2008 financial crisis. Keep your mouth shut.
>>54009795You haven't been through it niggerIt is the same strategy in motionSame playbookJust look back how US changed from 2001 to 2023Mmw As soon as there is a third party introduced in the US run for the exit a fucking sap
>>54020777Hmm
>>54020815Learn english retarded polnigger
>>54020225Meh they’ll just selectively liquidate pensions before they wipe deposits.
Jason Calcanis is live right now! He is trying to fucking protect founders! You need to support him!
>>54020923I told you to keep your fucking mouth shut. You're not intelligent. You're not mr.reasonable in the a crowd. You're a stupid coward hiding behind a computer. You know you have nothing worthwhile to contribute yet you still decided to give us your hot take, which is absolutely wrong. But your pathetic ego couldn't help it huh? I see this behavior too much by tourists.Frankly, from your garbage mentality, I can already tell you are a coward, a centrists whose predictions are always wrong.
>>54020609I forgot to check sdbullion>>54020769kek if only they hadn't let some dumb nigger redesign the eagle I would have bought thatI like pre-1933 gold but it's more expensive
>>54009591>Not even during the chaos of 2008>He thinks this event is somehow separate from the 2008 crisis and not directly caused by itNGMI
>>54008459for a brainlet like me, what the fuck happened to all banks?what are the consequences of this? should I get all my savings from my bank account? I have around 80k atm
>>54020915>a third party introduced in the USWhat would that look like? Isn't the third party already here pulling the strings since forever?
>>54021304You know when you see a flock of birds flying around at random, but staying together as one unit? It's kind of like that. For the exact timing of it all there doesn't have to be some grand cause and effect. The cause is because stocks are overinflated like dollars so people have to shift around to preserve their wealth.
>>54008600Good point! This could be their strategy to force ppl on CBDCs.
>>54008600fuck. FUCK FUCK FUCK FUCK FUCK FUCK
>>54021306Basically follows the soviet controlled demolition from one communist party to more smaller infighting parties unable to steer a national strategyMore or less, south africanization of politics. The weaker the state the more parties they have. On the contrary, when globohomo attempts to strengthen the country they are ruled without attrition by one party - China, IranOr another example uplifting Germany from Weimar to Reich
>>54008600Omfg delet this
>>54020915>exitto where?
ummm is fidelity a little safer than banks right now?I'm sure ally will fold so I need to get my money out of there ASAP, but I don't have another bank account and I don't even know of any bank that I could trust anyway. I can buy gold in small chunks over the next few weeks, but I need somewhere to park my money in the meantime.
I remember seeing it posted here a few years ago. Anyone have that link?
>>54022058There was a website posted that hand all banks and their “health” score Who has the link?
>>54020386What about 2.7% you don't understand
>>54014287you have roughly a year's income for an unpaid illegal mexican immigrant working as a janitor as liquidity, that's why
>>54011691Where do you see this? In your fantasies?
>>54016038These ai merchants are getting too good
Calm Down
>>54021222Shut the fuck up polcel nigger, you are an absolute midwit.
>>54008527Lmao more fear mongering retarded bullshit see you in a month when nothing happens as usual.
>>54021222>222tech bros, not like this...
>>54022888Why is it they are always wrong? I remember when /new/ and old/lol/ was intelligent now it's filled with utter fucking retards who say the most retarded shit and won't stfu on other boards with there retarded garbage. Oh and the tranny shit just none stop fucking tranny shit.
>>54012803>250k will be worth in a couple of years what 250 dollars is worth nowShouldn't you just debtmaxx if this is going to happen?
This whole thread is convincing me that fractional reserve lending is a bad fucking idea.
>>54008515>3rd post stating globalist lies againMan this place is overrun.
>>54009532I'm a gove and am in NFCU. I think they're based and they have good rates on CDs and so on. Also they have high limit credit cards
>>54023267>"they'll never lock down New York Fuck you!Not saying you're wrong, but don't be that guy. Stay safe.
>>54023270be right back, going to buy flour and sugar
>>54008459It won't be domino effect right? R-Right?
>>54008600Checked. You did buy silver for this very reason, didn't you anon?
Looks like JEPI didn’t go down much. Who’s collateralizing JEPI derivatives? I know you guys love that stuff.
>>54023270In Venezuela people bought appliances and cars as stores of value
They better not bail them out
Hi /biz/, /pol/tard here.Is this just the standard happeningfag bullshit of "the sky is falling" or is there serious shit about to go down?
>>54008527They ended up being the bagholders in the Greensill saga.As i recall it they were running some kind of insurance scheme, where they would sell insurance against loses and miserably failed to accurately asses how risky what they insured was.
>>54012803New debt may be inflationary, but existing debt is certainly not.Which begs the question, why did we not have massive inflation for the last twenty years? with all the new debt that has been issued in that time periode. It's certainly an option that there already was strong deflationary forces in place to counteract it (increasing productivity domestic and abroad, higher usage of cheap labour abroad etc.).
>>54018772Printing 75 to 120 trillion $ in less then a year, will do Nothing to your bottom line. It safe in this fire!
>>54026098i want to say this is pretty serious, but honestly i thought the pandemic crash was the end so what the hell do i know.
>>54008809If it's not on the list then is owned by one of them
>>54008600jesus christ
>>54008515You cannot be this stupid.
>>54008535CoinBureau said keep yer money in a small bank. Maybe a Credit Union? They might give you some CBDC or some shit if they're ready with it and you get bailed in.
>>54008515okay so if the banks get bailed out, the government has to print all that money causing extreme inflation
>>54019904>Jim CramerEvery fucking time.
>>54008459Why? They're federally insured.
>>54008515Fdic only has enough to cover 8% of people's deposits look it up
>>54008459>bank is literally named ZION
>>54008515look at their balance sheet and think about what you just typed
>>54008527Look at all the bank shills replying please don't take your money out and buy something of actual value like guns gold non-perishable food etc let us keep it totally safe you can have it when it's not worth the paper it's printed on
>>54008567So is hate speech kike there are no laws where we are going
>>54008459FED will bail them out after 23rd of march after the fed blackout period
>>54008806>IT'S COVERED... BECAUSE IT JUST IS, OK
>>54008459America is collapsing
>>54009763but in this case, it already happenedthere is no liquidity to service all deposits
>thinking ive got any money in banksLMAO I'm fucking broke
>>54011616KekAll the money was printed under Trump.It takes awhile to filter through.Look at the actual money chart.
>>54008459Are leaf banks going to be ok?
>>54028149you can thank central banks for that
>>54008515That’s it? What a fuckin joke.
>>54008806Shalom
>>54026760>why did we not have massive inflation for the last twenty yearsWe have it's just in buckets that aren't measured and we pushed a lot of it overseas in the form of bonds
>>54008515>>54008524>>54008554>congratulations>Congratulations Goyim #8929241>We have won the Class Action Settlement>We are collection 70 million in legal fees>give us photocopies of your drivers license, passport, birth certificate, fingerprints, anal print, iris scan, and your first borns foreskin to verify your eligibility to claim your share of the Class Action lawsuit>after verification you will receive a check by mail in the amount of $20.00
>>54008825
>>54008550Emergency OnlyFans account and bop that bussy
>>54028313You're probably describing the chart of M1 or liquid money, which changed its definition in May 2020 to include savings accounts and turned it into a hockey stick shape.The graph is still very ugly, I'm just calling out the change made it look extreme. Money was printed continuously by the fed until they started slowing the rate of QE. The actually scary part is that the president doesn't authorize any of that, only the federal spending which PALES in comparison to the bonds the Fed bought with the printed money.
>crypto exchanges are safer than banks >crypto exchanges actually have 1:1 reserves When did you realize that crypto is unironically more legitimate than centralized banking?
>>54011386Trump pushed to have money given directly to citizens and dems kept adding spending packages like quite literally billions of dollars for ‘women’s education in Pakistan’ you lying kike faggot
>>54020777Boo
People on HN are now saying First Republic Bank, also in Bay Area, is the next bank to fail, and their asset mix according to their last quarter filing is even more vulnerable to rapid interest rate hikes than SVB's.
>>54008459jokes on you i got all my money with a major european bank and im waiting for the stockmarket to drop atleast 50% more from here on out and then go full degen on smallcap gold development mining stocks. easy game. enjoy getting fucked retarded spastiks
>>54014266kek underrated>>54008600Thanks for calling the next psyop, I now have time to mentally prepare for this inevitable reality.
Move to AXOS. Not a shitcoin. A bank. A based one. Look it up. They will be sheltered.